Minted Connect & Cropto Join Forces; Welcome to the Farm-to-Wallet Era
London, UK – June 24, 2024 – (SeaPRwire) – Minted Connect, through its partners in the United Kingdom, Turkiye, and the United Arab Emirates, is now offering more than 500,000 users the opportunity to purchase wheat, barley, corn, and hazelnuts in desired quantities (100 grams, 1 kg, 10 kg, etc.). Previously facilitating the purchase of gold, silver, and platinum, Minted Connect entered a new partnership with Cropto. This collaboration will allow users to quickly and easily access agricultural products in fractional amounts, 24/7.
Cropto is an agricultural commodity token platform based on the tokenization of agricultural products, primarily wheat, barley, corn, and hazelnuts. Utilizing a real asset-backed model, Cropto enables users to access products stored in real-time in high-capacity, secure warehouses in Turkiye.
Cropto’s products enhance transparency, traceability, and efficiency in the agricultural space. With the partnership with Minted Connect, these products will also be available to customers in the UAE and the UK. This is expected to significantly benefit Turkiye’s agricultural exports. It is projected that by 2030, 5-10% of global agricultural commodity investments will be made through blockchain technology-based applications and products. The aim is for at least 5% (1,5 Bn USD) of these investments through the Minted Connect & Cropto partnership.
Commenting on the new partnership, Minted Connect co-founder Engin Butun said, “It is essential to us that everyone has access to real-world assets. Integrating these assets into everyday investment and savings apps through technology is a crucial step forward. Since joining the Visa Innovation program this year, we have worked extensively on product innovation and market expansion. Shortly, we will undertake significant projects in the MENAT (MENA + Turkic States) region and continue to announce new partnerships.”
Cropto CEO Demir Aksoy added, “Cropto is pioneering the tokenization of agricultural products. By leveraging blockchain technology, we are revolutionizing investment in agricultural commodities from Anatolia, enabling everyone to easily invest in desired quantities of wheat, barley, corn, and hazelnuts. Through our partnership with Minted Connect, investors globally can invest in agricultural commodities quickly and easily, 24/7.”
Social Links
LinkedIn: https://www.linkedin.com/company/minted-connect/
Media contact
Brand: Minted
Contact: Media team
Website: https://www.mintedconnect.com/
SOURCE: Minted
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